Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.036%
Price spread now: GMX against Bitget−0.139%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.139% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FETUSDT | 0.2056 | 0.0302 | pay 0.0302% / 8h | 7h 43m | $16.6M | $11.6M | 75x |
| Short | GMX FET/USD [ETH-USDC] | 0.2053 | L +0.0201% / S −0.0278% | get 0.0035% / 1h | 43m 15s | $14K | — | 100x |
Bitget FETUSDT
GMX FET/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.09
- Price spread: −0.139% → 0.000%
- −$13.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$43
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, just now; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, just now | 2.43 bp | 13.4 bp −$13 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FET on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.2180% | 1h | 0.2053 | −0.146% | $29K | $202K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1259% | 1h | 0.2056 | +0.001% | $1.0M | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2046 | −0.486% | $152K | $207K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2054 | −0.116% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.237% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2053 | −0.162% | $341K | $542K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2054 | −0.097% | $32.1M | $109.8M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2053 | −0.146% | $2.8M | $12.0M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2053 | −0.146% | $34.6M | $24.8M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2056 | 0.000% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2041 | −0.721% | $359K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2052 | −0.195% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2054 | −0.120% | $36K | $231K | 10x | as long as short |
| GMX FET/USD [ETH-USDC]short | L +0.0201% / S −0.0278% | 1h | 0.2053 | −0.139% | $14K | — | 100x | |
| BloFin FET-USDT | +0.0220% | 8h | 0.2052 | −0.195% | $1.7M | $2.7M | 100x | as long as short |
| Hyperliquid FET | +0.0274% | 1h | 0.2056 | −0.010% | $9.1M | $8.1M | 5x | as long as short |
| BingX FET-USDT | +0.0286% | 8h | 0.2053 | −0.146% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0301% | 4h | 0.2059 | +0.146% | $1.0M | $8.0M | 20x | as long as short |
| Bitget FETUSDTlong | +0.0302% | 8h | 0.2056 | long leg | $16.6M | $11.6M | 75x | |
| Phoenix FET | +0.0467% | 1h | 0.2046 | −0.506% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BloFin FET-USDT
Hyperliquid FET
BingX FET-USDT
OKX FET-USDT-SWAP
Phoenix FET